Digital asset manager CoinShares has nearly completed acquisition of a trading shop that generated $1.5 billion in volume this past quarter. European crypto asset manager, CoinShares, announced the launch of its new trading business, CoinShares Capital Markets, or CSCM, on May 7. The subsidiary comprises a rebranding of GABI Trading, with CoinShares now entering into…
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Paradigm has incubated its first crypto project — an Ethereum-based DeFi protocol promising fixed-rate lending and interest markets. A researcher from the crypto asset investment firm, Paradigm, has co-authored a whitepaper for a new decentralized finance, or DeFi, lending protocol boasting fixed-interest rates. The whitepaper for Yield protocol was written by Paradigm’s Dan Robinson and…
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Looking at the perpetual funding rate, put–call ratio and Spend Output Profit Ratio to gauge the current market view leading up to crypto’s most-anticipated event. As Bitcoin (BTC) fast approaches its scheduled third halving, several metrics are now pointing toward positive market sentiment going into this most-anticipated event. The perpetual funding rate turns to positive…
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IBM’s head of blockchain in Australia and New Zealand has shared the firm’s outlook for the integration of DLT into supply chain systems. In an interview with Cointelegraph, Rupert Colchester, the head of blockchain at IBM Australia and New Zealand, discussed how distributed ledger technology is transforming supply chain systems worldwide. Colchester also provided insight…
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In a recent interview, China Telecom chairman said that blockchain has high-potential use cases to enhance 5G network services. Jiang Wei, the chairman of China Telecom Blockchain and Digital Economy Joint Laboratory, explained in an interview published on Chinese news portal, Cebnet, that blockchain technology has significant use cases that could improve the 5G mobile…
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South Korea’s smart city Sejong will be establishing a blockchain-based identity verification platform for self-driving vehicles. The government of South Korea’s planned city Sejong — which is the country’s testing ground for major smart city solutions — announced Friday that it will be establishing a blockchain-based platform for storing and verifying the digital identities of…
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A pilot program is underway in Hainan’s province that aims to strengthen cross-border payments via blockchain technology. Another Chinese province, Hainan, joins the blockchain ecosystem with the announcement of a cross-border financial services platform. News of the platform’s pilot was announced on Friday. According to the local newspaper Hainan Daily, the central government approved the initiative,…
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A new study reveals that blockchain offers the best salaries in the UK’s technology industry. Digital lender, Capital on Tap, released figures that reveal Blockchain-related jobs offer the highest-paying salaries among all disruptive technology businesses in the UK. According to the UK-based firm, Blockchain has an average annual salary of GBP 75,000 (around $93041 USD).…
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An analysis of the advantages and disadvantages of the blockchain protocols that are the basis of the entire industry. Bitcoin (BTC) is the largest decentralized digital currency in the world, with an estimated market capitalization of around $169 billion. In the nearly 12 years since the publication of Satoshi Nakamoto’s famous white paper in 2008,…
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Telegram founder says that the U.S. is no longer an attractive place for tech entrepreneurs. In a May 7 post, Telegram founder, Pavel Durov, calls the U.S. a “police state” and discourages entrepreneurs from moving their businesses to Silicon Valley. Perhaps exhausted by the legal battles around Telegram’s beleaguered token offering, Durov, berates the U.S.…
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